If you love animals like I do, you often wonder how they perceive the world around them, including us. Do they know when we love them and what love means to them? I certainly believe that animals understand love as a concept. Through hundreds of years of evolution house pets and domesticated animals learned to […]
THE MEDICAL PROFESSION IS AT RISK OF EXTINCTION!
What every medical professional needs to realize is that litigation is business. It is a form of trade that some attorneys practice. It is a form of business that some non attorneys, your patients, use as means and income for living. There is an argument to be made that litigious population is a result of […]
FLEXIBILITY IS KEY: PLANNING FOR REAL ESTATE PROFESSIONALS
If you are in real estate business, investing, building and /or renting, your estate and asset protection planning must be flexible to allow you to borrow, sell, collaterize, lend, rent etc. Your risk of liability comes from different aspects of what you do. If you rent, your tentats may sue you. If you build, you […]
THE WEDDING BELLS ARE RINGING!
The wedding bells are ringing! It is spring and many of you are tying the knot this spring or summer. It is a very exciting and unique time in your life when you are preparing to share your entire self with someone else. Even though we are super excited for you, we wanted to get […]
FIRST PARTY SPECIAL NEEDS TRUSTS – WHAT EVERYONE IS TALKING ABOUT BUT NOT EVERYONE UNDERSTANDS WELL.
So you or someone you know just received a settlement payment in connection with a recent car accident or work related injury. You or someone that is a disabled individual is receiving Medicaid benefits, among other things. What is a there to do, if anything about the settlement payment? What is this “trust” that everyone […]
YOUR FACEBOOK, TWITTER, & EMAIL ACCOUNTS, TO NAME A FEW. DO YOU NEED PLANNING FOR DIGITAL ASSESTS?
Who do you want to have access to your digital footprint after you are gone? Have you ever thought about that? Would it be embarrassing/upsetting for a member of your family to see some of the photographs or read some of your emails or Facebook comments? Would it be shocking to realize you gambled so […]
I AM NOT A U.S. CITIZEN. DO I NEED ESTATE PLANNING?
The short and definitive answer is – ABSOLUTELY! The longer answer is as follows: If you reside in the United States and you are not a citizen, most often the same US estate and gift hurdles apply to you under Internal Revenue Code and Regulations as to a US citizen. More reasons to do planning […]
WHY DO I NEED AN ESTATE PLAN?
Would you ask the same question about home insurance, if you are a home owner? Or would you ask this same question about car insurance, if you are a driver? The answer is you need one because it is an essential part of your affairs as an adult no matter where you reside or what […]
LIQUIDITY & LIFE INSURANCE IN MY ESTATE PLAN
It is essential to address issues of liquidity as part of your estate plan. Life insurance may be used as a main liquidity resource in your estate. Some of the most commons purposes for life insurance policies are as follows: • Quick access to cash for your loved ones when you are gone; • Payment […]
FIVE MOST COMMON MISTAKES OF ESTATE PLANNING
You may have hired an attorney to prepare an estate plan and now you believe that you are all set. Let’s discuss five most common mistakes of estate planning often made by professionals without adequate experience in estate planning: 1. Failing to fund your revocable trusts: So you set up your revocable trust and your […]